“Cashless India”, the Digital India Program of the Indian government, was announced over an year ago with the vision to transform India into a digitally empowered society and familiarize the country with digital currency and the future demise of cash. Thus, the Central Bank of India is currently looking into digitalizing the fiat rupee in…
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As of 2017, according to the Lawnmower Blockchain Index, blockchain assets outperform by far all global bond and stock indices, with +374% up as opposed to equities with +15.7% and bonds with +3.95%. At such growth levels and the overall bullishness of investors around the globe, it is no wonder that the cryptocurrency frenzy is…
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Digital currency and technology dedicated website CoinDesk has announced that outgoing American Banker editor-in-chief Marc Hochstein has joined the company in a senior editorial role. A 17-year veteran of SourceMedia, which owns American Banker, Hochstein will now serve as CoinDesk's first Managing Editor, a role in which he'll be working hands-on with editorial content, while…
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As China's BitKan announced it would officially ban both over-the-counter bitcoin and bitcoin cash transactions, bitcoin fell to around $3,800, denoting more than 20% drop in value, after reaching almost $5000. According to TheStreet, BitKan informed that as the trading of initial coin offerings or ICOs is also suspended, the ban on bitcoin was the…
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ICOBox, the provider of SaaS (software as a service) ICO technology, marketing, and legal solutions, announced that has launched a “blockchain jumpstarter” platform aimed at helping launch 800 ICOs in the first year of its operations, targeting $12 billion in total amount of funds collected. ICOBox’s ICOS token is the first token to provide its…
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UK financial regulator The FCA has added its voice to other watchdogs around the world, issuing a formal consumer warning about the risks of Initial Coin Offerings, or ICOs. A similar warning was made recently by Canada regulator CSA. What are ICOs? The term ICO refers to a digital way of raising funds from the…
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Tether Limited, a leading provider of tokenized traditional government-backed currencies, today announced in partnership with Ethfinex the launch of Tether ERC20 tokens on the Ethereum blockchain, enabling tokenized US dollars to be exchanged on the Ethereum network for the first time. Launched in 2014, Tether was the first blockchain-enabled platform to allow traditional currencies to be tokenized,…
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It seems as though much of the news driving the price of Bitcoin, as well as other digital currencies, is emanating from China. While news of some government or other around the world deciding to either regulate Bitcoin or ICOs, or "look at" how Bitcoin is traded, doesn't really move the needle on Bitcoin prices,…
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The following article was written by AMarkets, a St. Vicent & the Grenadines (FSA) regulated global forex broker established in 2007. Cryptocurrencies in general and Bitcoin, in particular, assumed commonplace with the trader. Media headlines hasten to report on the latest price record - they are ready to buy 1 Bitcoin for more and more…
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Vaultoro.com, the first and longest running bitcoin / allocated gold exchange, has announced that it has closed a seven-figure seed funding round from Frankfurt, Germany based fintech investor Finlab AG (FRA:A7A). Vaultoro co-founder Joshua Scigala said: The investment from FinLab AG into Vaultoro will enable us to scale fast. Our mission is to enable as many…
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